Nigeria’s Public Debt Hits N42.84trillion In 2022’s Second Quarter Under Buhari Government | Sahara Reporters

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Nigeria’s economy is becoming more bearish as a report by the National Bureau of Statistics (NBS) has shown that the country’s public debt which includes external and domestic debts, in the second quarter (Q2) of this year (2022) rose from N35.46 trillion ($86.57 billion) to N42.84 trillion ($103.31 billion). The NBS made this known on Wednesday in its Nigerian Domestic and Foreign Debt Report for Q2 2021 to Q2 2022.

November 9, 2022The NBS made this known on Wednesday in its Nigerian Domestic and Foreign Debt Report for Q2 2021 to Q2 2022.

The NBS made this known on Wednesday in its Nigerian Domestic and Foreign Debt Report for Q2 2021 to Q2 2022. According to the NBS, Nigeria’s external debt stood at N13.71 trillion in the second quarter of 2021 and increased to N16.61 trillion in the second quarter of 2022. The NBS’s state by state breakdown of the debt showed that Lagos State recorded the highest domestic debt of N797.30 billion in the second quarter of 2022. This was followed by Delta State which recorded N378.87 billion and Ogun State with N241.78 billion.

 

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Nawao them milk nigeria dry den shame let dem dey campaign....

Is this what u promised us bubu? Terrorists are increasing in groups and waxing stronger than 2015. Our economy is in comatose.Nigerians are not sleeping with their two eyes closed due to insecurity,our high ways are dead traps,kidnappers and armed bandits are doing competition

Tyrants never have to fear the consequences of their actions because the people under them are the ones who suffer.

Debt

If properly checked, half of the money is spent on politicians.

One of the numerous achievements of buhair's incompetence.

Until the country lessens the high costs of governance and make the salaries of public servants less attractive, we can't go anywhere as far as progress is concerned in the land, don't know how some1 u voted for 2 represent u will suddenly turn your boss when he is to serve you.

One of the dividends of PMB's calamitous activities in Nigeria unfortunately.

Money that's being looted. God have mercy upon us

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